Fort Dodge Convention & Visitors Bureau
- Assets
- $477.4k
- Revenue
- $210.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Fort Dodge, IA
- Founding
- 03/1997
- Data as of
- 06/2021
- EIN
- 42-1453199
Organization Overview
Fort Dodge Convention & Visitors Bureau is located in Fort Dodge, IA. The organization was established in 1997. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Fort Dodge Convention & Visitors Bureau employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Dodge Convention & Visitors Bureau is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Fort Dodge Convention & Visitors Bureau generated $210.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $240.5k during the year ending 06/2021. While expenses have increased by 3.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MARKETING THE CITY OF FORT DODGE, IA TO ENCOURAGE VISITORS TO ENHNACE HOTEL/MOTEL, HOSPITALITY AND RETAIL BUSINESS, ATTRACT CONFERENCES, CONVENTIONS, SPECIAL CONCERTS AND SPORTING EVENTS. ALL THE CVB'S INCOME COMES FROM A LOCAL HOTEL/MOTEL TAX WHEN WENT THROUGH A PUBLIC REFERNDUM. THE CIT OF FORT DODGE HOLDS THE HOTEL/MOTEL TAX REVENUES UNTIL NEEDED BY THE FORT DODGE CONVENTION AND VISITORS BUREAU.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE INVESTED 92,411.87 IN VARIOUS PROGRAMS INCLUDING MARKETING, TRADE SHOW CAMPAIGNS, ADVERTISING, SPECIAL EVENTS, WEBSITE AND OTHER PROMOTIONS. IN RETURN, VISITORS TRAVELING TO FORT DODGE GENERATED 7,000,000 IN RETAIL, HOTEL/MOTEL, AND HOSPITALITY REVENUE, GENERATED STATE AND LOCAL TAX RECEIPTS, SUPPORTED WAGES/JOBS, AND IMPROVED THE QUALITY OF LIFE FOR LOCAL RESIDENTS. ACTIVITIES OR ORGANIZATIONS SUPPORTED INCLUDED SHELLABRATION, SPORTS PARK RACEWAY, CENTRAL IOWA ENDURO RIDERS, INC, IOWA GIRLS ATHLETIC UNION, CITY OF FORT DODGE, CMA HEARTLAND CHALLENGE, TUFF -N- NUFF RODEO ASSOCIATION, ST. EDMOND BOOSTER, FD AMATEUR SPORTS, FORT DODGE GROWTH ALLIANCE, FD SOFTBALL ASSOCIATION, FORT DODGE FINE ARTS ASSOCIATION, IOWA DESTINATION MARKETING ALLIANCE, CENTRAL IOWA TOURISM REGION, WEBSTER COUNTY CRIME STOPPERS, RAGBRAI FORT DODGE, FRIENDS OF WEBSTER CO. CONSERVATION, IOWA GROUP TRAVEL ASSOCIATION, IOWA CENTRAL COMMUNITY COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerrie Kuiper Director | OfficerTrustee | 40 | $56,581 |
Heather Applegate Member | Trustee | 0.25 | $0 |
Renee Anderson Member | Trustee | 0.25 | $0 |
Bev Baedke Member | Trustee | 0.25 | $0 |
Matt Bemrich Member | Trustee | 0.25 | $0 |
Lori Branderhorst Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $210,178 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $210,178 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $210,178 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,581 |
| Compensation of current officers, directors, key employees. | $28,291 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,195 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,559 |
| Payroll taxes | $7,323 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $47,035 |
| Office expenses | $6,552 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,557 |
| Travel | $880 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,251 |
| All other expenses | $4,156 |
| Total functional expenses | $240,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $477,360 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $477,360 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $477,360 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $477,360 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metropolitan Entertainment & Omaha, NE | $158,635,208 | $95,451,675 |
Chicago Convention & Tourism Bureau Inc Chicago, IL | $13,640,210 | $19,015,508 |
Financial Health Network Inc Chicago, IL | $19,686,455 | $18,603,239 |
Southern Minnesota Initiative Foundation Owatonna, MN | $74,043,196 | $20,001,758 |
Vocational Development Center Inc Council Bluffs, IA | $12,984,673 | $16,204,305 |
Southern Iowa Economic Development Association Ottumwa, IA | $4,848,905 | $15,262,424 |
St Louis Economic Development Partnership Saint Louis, MO | $27,235,860 | $13,883,018 |
Crosswalk Community Action Agency Inc West Frankfort, IL | $2,780,027 | $11,762,821 |
Wisconsin Dells Visitor & Convention Bureau Wisconsin Dells, WI | $26,952,168 | $17,110,395 |
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |
Metropolitan Economic Development Association Minneapolis, MN | $45,113,584 | $12,064,856 |